A two-day workshop dedicated to good practices in assessing and managing money laundering and terrorist financing risks took place on 14-15 November 2016, in Minsk, Belarus. Twenty seven representatives of Belarusian anti-money laundering/counter terrorist financing agencies attended the workshop. The Council of Europe experts introduced the participants to mechanisms for managinh AML/CFT risks and scope of a national risk assessment based on experiences of MONEYVAL-evaluated countries. Through group exercises, the participants explored risk identification based on quantitative data and information, and discussed risk analysis and risk treatment measures.